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Thursday, 04 April 19
GLENCORE, TOHOKU ELECTRIC SET COAL CONTRACT PRICE AT $94.75/T - SOURCE, REUTERS REPORTED
 Global miner Glencore and Japan’s Tohoku Electric Power agreed on a price of $94.75 per tonne for supplies of thermal coal from Australia for the year through March 2020, a source with direct knowledge of the matter said.
The price, which serves as an industry benchmark for supplies of seaborne thermal coal in Asia, was 14 percent lower than a price agreed for supplies for the year through September this year.
The agreement helps restore clarity to an opaque market after Glencore and Tohoku Electric abandoned the annual talks for April-March supplies last year.
The Australian miner later agreed on a price of $110 per tonne in August for some contracts with other Japanese thermal coal buyers for the April to March period.
Glencore has two annual benchmark supply contracts with Japanese utilities, typically negotiated by Tohoku Electric, one for April through March and the other for October through September that takes account for later market conditions.
With annual imports last year of slightly less than 114 million tonnes, Japan is one of the world’s biggest importers of thermal coal. Australia supplied a little over 70 percent of those imports in 2018.
A Tohoku spokesman declined to comment. Glencore could not immediately be contacted for comment.
Source: Reuters
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Saturday, 06 April 19
AUSTRALIA COAL POSTS BIGGEST WEEKLY DROP IN A DECADE AMID WEAK DEMAND - REUTERS
Australian thermal coal prices this week registered their biggest weekly fall since the financial market turmoil of a decade ago as demand plunged ...
Saturday, 06 April 19
SUPRAMAX: IT WAS A POOR WEEK OVERALL FOR THE BALTIC SUPRAMAX INDEX, WHICH LOST GROUND - BALTIC BRIEFING
Capesize
The Capesize market over the past week looked to have found a floor on Tuesday with the BCI 5TC at $3460 before firming into the rest ...
Thursday, 04 April 19
OVERSUPPLY STILL MAJOR CHALLENGE WARNS ICS
Speaking in Istanbul, Simon Bennett, Deputy Secretary General of the International Chamber of Shipping (ICS) warned that avoiding overcapacity and ...
Monday, 01 April 19
FORCE MAJEURE SUCCESS NOT A SEA CHANGE - BALTIC EXCHANGE
KNOWLEDGE TO ELEVATE
It is difficult to successfully argue that contractual performance has been prevented or delayed by force majeure. This i ...
Monday, 01 April 19
AUSTRALIAN COAL AT RISK FROM CHINA MOVE, WARNS GOVERNMENT REPORT - SYDNEY MORNING HERALD
A new government report warns China’s restrictions on coal imports is the number one risk for Australian coal this year and could lead to a s ...
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- Therma Luzon, Inc, Philippines
- IHS Mccloskey Coal Group - USA
- Meenaskhi Energy Private Limited - India
- Attock Cement Pakistan Limited
- Pendopo Energi Batubara - Indonesia
- Toyota Tsusho Corporation, Japan
- Bhatia International Limited - India
- Bhoruka Overseas - Indonesia
- International Coal Ventures Pvt Ltd - India
- Edison Trading Spa - Italy
- Bharathi Cement Corporation - India
- Sindya Power Generating Company Private Ltd
- Ceylon Electricity Board - Sri Lanka
- Bulk Trading Sa - Switzerland
- Aboitiz Power Corporation - Philippines
- Neyveli Lignite Corporation Ltd, - India
- VISA Power Limited - India
- Samtan Co., Ltd - South Korea
- MS Steel International - UAE
- Alfred C Toepfer International GmbH - Germany
- Vedanta Resources Plc - India
- Bhushan Steel Limited - India
- Orica Mining Services - Indonesia
- Siam City Cement PLC, Thailand
- Cigading International Bulk Terminal - Indonesia
- Grasim Industreis Ltd - India
- Oldendorff Carriers - Singapore
- Mercuria Energy - Indonesia
- Offshore Bulk Terminal Pte Ltd, Singapore
- Wood Mackenzie - Singapore
- Africa Commodities Group - South Africa
- CNBM International Corporation - China
- Merrill Lynch Commodities Europe
- Asmin Koalindo Tuhup - Indonesia
- Ind-Barath Power Infra Limited - India
- Deloitte Consulting - India
- Thiess Contractors Indonesia
- Economic Council, Georgia
- GMR Energy Limited - India
- Makarim & Taira - Indonesia
- Coastal Gujarat Power Limited - India
- Kideco Jaya Agung - Indonesia
- Romanian Commodities Exchange
- PowerSource Philippines DevCo
- Borneo Indobara - Indonesia
- Krishnapatnam Port Company Ltd. - India
- Port Waratah Coal Services - Australia
- Madhucon Powers Ltd - India
- Price Waterhouse Coopers - Russia
- SMG Consultants - Indonesia
- Minerals Council of Australia
- Bayan Resources Tbk. - Indonesia
- SMC Global Power, Philippines
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- McConnell Dowell - Australia
- Karbindo Abesyapradhi - Indoneisa
- Posco Energy - South Korea
- Formosa Plastics Group - Taiwan
- Chamber of Mines of South Africa
- AsiaOL BioFuels Corp., Philippines
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Essar Steel Hazira Ltd - India
- PetroVietnam Power Coal Import and Supply Company
- Electricity Authority, New Zealand
- Baramulti Group, Indonesia
- Commonwealth Bank - Australia
- Videocon Industries ltd - India
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Straits Asia Resources Limited - Singapore
- Medco Energi Mining Internasional
- Kumho Petrochemical, South Korea
- Indonesian Coal Mining Association
- Tata Chemicals Ltd - India
- Maheswari Brothers Coal Limited - India
- TNB Fuel Sdn Bhd - Malaysia
- Bukit Makmur.PT - Indonesia
- Petron Corporation, Philippines
- Globalindo Alam Lestari - Indonesia
- Miang Besar Coal Terminal - Indonesia
- Renaissance Capital - South Africa
- SN Aboitiz Power Inc, Philippines
- Central Electricity Authority - India
- Banpu Public Company Limited - Thailand
- Sarangani Energy Corporation, Philippines
- Altura Mining Limited, Indonesia
- Carbofer General Trading SA - India
- OPG Power Generation Pvt Ltd - India
- Indian Energy Exchange, India
- Antam Resourcindo - Indonesia
- GN Power Mariveles Coal Plant, Philippines
- Timah Investasi Mineral - Indoneisa
- Kalimantan Lumbung Energi - Indonesia
- Orica Australia Pty. Ltd.
- Singapore Mercantile Exchange
- Jaiprakash Power Ventures ltd
- Central Java Power - Indonesia
- Uttam Galva Steels Limited - India
- Eastern Energy - Thailand
- Ambuja Cements Ltd - India
- Dalmia Cement Bharat India
- London Commodity Brokers - England
- Parry Sugars Refinery, India
- Maharashtra Electricity Regulatory Commission - India
- Indika Energy - Indonesia
- Ministry of Transport, Egypt
- Sinarmas Energy and Mining - Indonesia
- PTC India Limited - India
- Sakthi Sugars Limited - India
- Iligan Light & Power Inc, Philippines
- CIMB Investment Bank - Malaysia
- Anglo American - United Kingdom
- Barasentosa Lestari - Indonesia
- Kapuas Tunggal Persada - Indonesia
- Tamil Nadu electricity Board
- Kohat Cement Company Ltd. - Pakistan
- Directorate General of MIneral and Coal - Indonesia
- Bank of Tokyo Mitsubishi UFJ Ltd
- Kobexindo Tractors - Indoneisa
- Marubeni Corporation - India
- The Treasury - Australian Government
- Standard Chartered Bank - UAE
- Ministry of Mines - Canada
- Semirara Mining and Power Corporation, Philippines
- Indogreen Group - Indonesia
- ASAPP Information Group - India
- Karaikal Port Pvt Ltd - India
- Ministry of Finance - Indonesia
- Vizag Seaport Private Limited - India
- Agrawal Coal Company - India
- Star Paper Mills Limited - India
- GAC Shipping (India) Pvt Ltd
- Vijayanagar Sugar Pvt Ltd - India
- India Bulls Power Limited - India
- Manunggal Multi Energi - Indonesia
- Gujarat Mineral Development Corp Ltd - India
- TeaM Sual Corporation - Philippines
- Global Green Power PLC Corporation, Philippines
- Independent Power Producers Association of India
- Gujarat Electricity Regulatory Commission - India
- Sree Jayajothi Cements Limited - India
- Jindal Steel & Power Ltd - India
- Latin American Coal - Colombia
- Bukit Asam (Persero) Tbk - Indonesia
- Sojitz Corporation - Japan
- Kartika Selabumi Mining - Indonesia
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Indo Tambangraya Megah - Indonesia
- Billiton Holdings Pty Ltd - Australia
- New Zealand Coal & Carbon
- Cement Manufacturers Association - India
- Thai Mozambique Logistica
- Coalindo Energy - Indonesia
- Aditya Birla Group - India
- Gujarat Sidhee Cement - India
- Chettinad Cement Corporation Ltd - India
- Savvy Resources Ltd - HongKong
- Larsen & Toubro Limited - India
- White Energy Company Limited
- Salva Resources Pvt Ltd - India
- Bahari Cakrawala Sebuku - Indonesia
- Planning Commission, India
- Binh Thuan Hamico - Vietnam
- South Luzon Thermal Energy Corporation
- Metalloyd Limited - United Kingdom
- San Jose City I Power Corp, Philippines
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Holcim Trading Pte Ltd - Singapore
- Australian Commodity Traders Exchange
- Wilmar Investment Holdings
- Energy Development Corp, Philippines
- Electricity Generating Authority of Thailand
- Mercator Lines Limited - India
- The State Trading Corporation of India Ltd
- Semirara Mining Corp, Philippines
- LBH Netherlands Bv - Netherlands
- Simpson Spence & Young - Indonesia
- Kepco SPC Power Corporation, Philippines
- Georgia Ports Authority, United States
- Power Finance Corporation Ltd., India
- Petrochimia International Co. Ltd.- Taiwan
- Intertek Mineral Services - Indonesia
- Pipit Mutiara Jaya. PT, Indonesia
- ICICI Bank Limited - India
- Meralco Power Generation, Philippines
- Lanco Infratech Ltd - India
- Global Coal Blending Company Limited - Australia
- Global Business Power Corporation, Philippines
- The University of Queensland
- Bangladesh Power Developement Board
- Mjunction Services Limited - India
- Kaltim Prima Coal - Indonesia
- GVK Power & Infra Limited - India
- IEA Clean Coal Centre - UK
- PNOC Exploration Corporation - Philippines
- Energy Link Ltd, New Zealand
- Rashtriya Ispat Nigam Limited - India
- Coal and Oil Company - UAE
- Mintek Dendrill Indonesia
- Sical Logistics Limited - India
- Trasteel International SA, Italy
- Interocean Group of Companies - India
- Goldman Sachs - Singapore
- Siam City Cement - Thailand
- Directorate Of Revenue Intelligence - India
- Parliament of New Zealand
- Heidelberg Cement - Germany
- Malabar Cements Ltd - India
- Leighton Contractors Pty Ltd - Australia
- Indian Oil Corporation Limited
- Eastern Coal Council - USA
- Xindia Steels Limited - India
- Bukit Baiduri Energy - Indonesia
- Riau Bara Harum - Indonesia
- Australian Coal Association
- Rio Tinto Coal - Australia
- Jorong Barutama Greston.PT - Indonesia
- European Bulk Services B.V. - Netherlands
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